Dawson Dials crossword puzzle vocab 2.05C

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Across
  1. 2. A market structure in which there are many businesses selling a lot of identical products for about the same price to many buyers; also known as pure competition
  2. 3. The type of market, or environment, in which businesses operate
  3. 5. An illegal agreement that forbids customers from buying goods and services from competitors
  4. 8. Limited
  5. 10. A type of market structure in which a market is controlled by one supplier, and there are no substitute goods or services readily available
  6. 11. A federal regulation intended to prevent specific business actions that might restrict competition (e.g., tying agreements and exclusive agreements)
  7. 13. A monopoly that the government allows to exist legally under controlled conditions
  8. 14. An illegal activity in which a business charges different customers different prices for similar amounts and types of products
  9. 17. Antimerger Act: A federal regulation intended to protect competitors from takeovers that would limit competition
  10. 19. The rivalry between two or more businesses to attract scarce customer dollars
  11. 20. A type of market structure in which a lot of businesses sell similar products that have only a few differences
  12. 23. An economic system in which individuals and groups, rather than the government, own or control the means of production; also known as free market economy, private profit system, market system, capitalistic system, or free enterprise system
  13. 24. Illegal business agreement in which businesses agree on prices of their goods or services, resulting in little choice for the customer
  14. 25. Using minimum amounts of resources to the best advantage
Down
  1. 1. A federal regulation that established a regulatory agency, the Federal Trade Commission (FTC), to monitor business activities in order to prevent unfair competition
  2. 4. Rivalry between or among businesses that offer similar types of goods or services
  3. 6. A federal regulation intended to prevent monopolies from forming and prices from being fixed
  4. 7. A type of rivalry between or among businesses that involves factors other than price (e.g., customer services, modern facilities, trained personnel, and variety of products)
  5. 9. An illegal agreement requiring a customer to buy other products in order to obtain desired goods and services
  6. 12. Rivalry between or among businesses that offer dissimilar goods or services
  7. 15. A return of part of the price a customer pays for a good or service; usually offered by the product’s manufacturer
  8. 16. The general conditions in which people live; quality of life
  9. 18. A federal regulation that prohibits price discrimination
  10. 21. A market structure in which there are relatively few sellers, and industry leaders usually determine prices
  11. 22. A type of rivalry between or among businesses that focuses on the use of price to attract scarce customer dollars